851: Turning $15K into $4K/Month by Investing in This Overlooked Asset Class w/Jason Velie

There’s one type of investment property most people would NEVER consider that could make you a millionaire. They’re not regular rental properties or huge apartment complexes—in fact, they’re so cheap that most investors could probably buy them outright in cash. What’s this “overlooked” investment property that could make you millions? Stick around, we’ll tell you.  Four years ago, Jason Velie worked at a W2 job without any investment property or passive income. Now, he’s a multimillionaire, making $10,000/month in pure cash flow, NEVER having to wake up to an alarm clock again. After a first deal gone wrong, where Jason spent two years working on a house just to break even, he was introduced to a new type of investment property—one nobody talks about.  With the massive profits from these cash cow deals, Jason was then able to use just $15,000 to buy a property that is now worth $1,000,000. And this was ALL during one of the hottest real estate markets ever. The best part? You can do EXACTLY what Jason did to become a millionaire, too, so stick around to hear his FULL strategy!  In This Episode We Cover The “overlooked” asset class that could make you six figures with ONE deal Why you should NEVER pay a contractor without seeing the completed work  Calculating your “worst-case scenario” before you buy ANY property  Investing in mobile and manufactured homes and cheap real estate with huge upside  The one real estate investing tool Jason used to explode his portfolio  How Jason turned $15,000 into $4,000 per month in pure cash flow! And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-851 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices